This article may be cited as “Transitional Provisions for Uniform Commercial Code Amendments (2022).”

84 Del. Laws, c. 174, § 90; 

(a) Article A Definitions. —

In this article:

(1) “Adjustment date” means July 1, 2025, or the date that is 1 year after August 18, 2023, whichever is later.

(2) “Amending Act” means 84 Del. Laws, c. 174.

(3) “Article 12” means Article 12 of the Uniform Commercial Code.

(4) “Article 12 property” means a controllable account, controllable electronic record, or controllable payment intangible.

(b) Definitions in other articles. —

The following definitions in other articles of the Uniform Commercial Code apply to this article.

“Controllable account”. § 9-102.

“Controllable electronic record”. § 12-102.

“Controllable payment intangible”. § 9-102.

“Electronic money”. § 9-102.

“Financing statement”. § 9-102.

(c) Article 1 definitions and principles. —

Article 1 contains general definitions and principles of construction and interpretation applicable throughout this article.

84 Del. Laws, c. 174, § 90;